Louisville, Kentucky – Embracing the Future
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jm MR Cover.indd 1 Cover.indd MR jm 4/30/14 3:50 PM 3:50 4/30/14 $12 201 E. Main St. Ste. 1402, Lexington KY 40507 PRST STD ELECTRONIC SERVICE REQUESTED U.S. POSTAGE PAIDPermit #327 Lebanon Junction KY 40150 Published by Published Embracing The Future The Embracing Louisville, Kentucky – Kentucky Louisville, of Greater Louisville and Southern Indiana 2014 Indiana Southern and Louisville Greater of jm MR Cover.indd 2 4/30/14 3:50 PM John Hubbuch — LG&E Customer President/CEO Hubbuch & Co. For decades, they’ve led by example in architecture and design. And now, energy efficiency. Hubbuch & Co. used to replace 10 light bulbs a week at their store. That was before they made upgrades to their lighting, saving them energy and earning more than $2,000 from LG&E’s Commercial Rebate Program. For five generations, the Hubbuchs have led their industry with creative solutions. And that trend continues today. To see how your small business can apply for up to $50,000 in rebates per facility, visit lge-ku.com/rebate. 71959_LGE_SB_Hub_8_125x10_875c.indd2014 MRGL 1-14.indd 1 1 8/19/134/30/14 10:16 4:07 PMAM of Greater Louisville and Southern Indiana 2014 Louisville and Southern Indiana boast not only big business but ample waterfront and leisure areas for residents to enjoy. Sports ....................................................................63 Harrison Co., Ind. ............................................61 Table of Contents Demographics ..................................................64 Henry Co., Ky. ....................................................61 People & Places ..................................................6 Jefferson Co., Ind..............................................61 Kentucky Indiana Exchange .......................10 COUNTY DATA Larue Co., Ky. .....................................................61 Greater Louisville Inc. ...................................11 Jefferson County, Ky. ......................................58 Marion Co., Ky. ..................................................61 Louisville’s Healthcare Industry ...............12 Adair Co., Ky. ......................................................60 Meade Co., Ky. ...................................................61 Bourbon’s Popularity .....................................16 Breckenridge Co., Ky. .....................................60 Nelson Co., Ky. ..................................................62 UofL Research, Bullitt Co., Ky. .....................................................60 Oldham Co., Ky. ................................................62 Technology & Innovation ........................20 Carroll Co., Ky....................................................60 Scott Co., Ind. ....................................................62 Made in Louisville ...........................................26 Clark Co., Ind. ....................................................60 Shelby Co., Ky. ...................................................62 Legal Services....................................................28 Crawford Co., Ky..............................................60 Spencer Co., Ky. ................................................62 Financial Services ............................................33 Floyd Co., Ind. ....................................................60 Taylor Co., Ky. .....................................................62 Ford ........................................................................36 Grayson Co., Ky. ...............................................61 Trimble Co., Ky. .................................................62 Transportation ..................................................40 Green Co., Ky. ....................................................61 Washington Co., Ind. .....................................62 Business Solutions ..........................................42 Hardin Co,. Ky. ...................................................61 Washington Co., Ky. .......................................62 Headquarters....................................................48 Arts & Culture .................................................50 Published by Education .............................................................52 Utilities & Energy.............................................54 On the Cover: A vibrant waterfront right next door to a thriving business sector makes Louisville Meetings, Conventions & Attractions ..56 and Southern Indiana a desirable area. Publisher Market Review Editor Editorial Director IT Services ED LANE ABBY LAUB MARK GREEN NETGAIN TECHNOLOGIES Treasurer Marketing Consultants Creative Director Design JEROMIE KIRK KRISTINA DAHL JESSICA MERRIMAN STONE ADVISORY BILL MARSHALL Associate Publishers CHERYL AVIOLI Web Marketing & Publishing Printing, Output RICHARD J. KELLY CURTISS SMITH ABLE ENGINE & Pre-Press Services DONNA HODSDON PUBLISHERS PRINTING CO. Market Review of Greater Louisville and Southern Indiana is a community profile Data in Market Review of Greater Louisville and Southern Indiana have been published by Lane Communications Group, under an exclusive agreement with provided by many local, state and federal agencies, including the Kentucky Indiana the Kentucky Indiana Exchange. For information and advertising rates, contact Lane Exchange, Greater Louisville Inc., One Southern Indiana, the Kentucky Cabinet for Communications Group, 201 East Main Street, 14th Floor, Lexington, KY, 40507, Economic Development, the Indiana State Library, Indiana State Government and Voice: (859) 244-3500, Fax: (859) 244-3555, lanereport.com the U.S. Census Bureau. All data are believed to be accurate and current, but are not warranted by Lane Communications Group. © 2014 Lane Communications Group. All material in this publication is protected under applicable copyright laws. Reprinting or using any materials from the Market Review of Greater Louisville and Southern Indiana is prohibited without express written consent by the publisher. 2 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com 2014 MRGL 1-14.indd 2 4/30/14 4:07 PM 2014 MRGL 1-14.indd 3 4/30/14 4:07 PM PEOPLE & PLACES A region that has it all Louisville and Southern Indiana continue Above: Waterfront dining in Southern Indiana offer their climb on the cultural and business scale unparalleled river and city views of Louisville. 4 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com 2014 MRGL 1-14.indd 4 4/30/14 4:07 PM Above: The Locust Grove 18th Century Market Fair is part of a series of year-long events at the historic Georgian mansion. Opposite page: The KFC Yum! Center opened in 2010 and hosts numerous events a year and is situated on the Louisville waterfront. Right: The Moonshine University’s Bourbon Enthusiast Class is a five-day class. Above: The Muhammad Ali Center, a museum and cultural center built as a tribute to the champion The Belle of Louisville is boxer Muhammad Ali and his values, is located in pictured during Thunder Louisville, Kentucky’s “Museum Row” in the West Over Louisville, the nation’s Main District of downtown largest fireworks show. The bridges spanning the scenic Ohio River, connecting Louisville to Southern Indiana, are set for a makeover with the massive Ohio River Bridges Project. The project will include two brand new bridges. lanereport.com One Region, One Vision 5 2014 MRGL 1-14.indd 5 4/30/14 4:07 PM PEOPLE & PLACES Above: The Kentucky Museum of Art and Craft is located on Museum Row on Main in Louisville. Left: Waterfront Park has many features like fountains and is in the heart of downtown Louisville. Above: Churchill Downs is a not- to-miss Louisville destination. Left: The Louisville Bats play at their East Main Street stadium on the Louisville waterfront. Right: Louisville is increasingly becoming known as a foodie destination, and Mayor Greg Fischer launched an initiative in late 2013 to link food and bourbon. Marty Pearl photo 6 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com 2014 MRGL 1-14.indd 6 4/30/14 4:07 PM Right: The Louisville Zoo exhibits more than 1,500 animals on 134 acres. Left: Louisville has a unique ability to easily combine business with pleasure on the waterfront. Josh Kroll photo Louisville Sports Commission photo Above: Louisville City Hall is a registered historic building, placed on the National Register of Historic Places in 1976. Completed in 1873 to house the Louisville city government, the structure is located at 601 West Jefferson Street in what became Downtown Louisville, the center of the city’s civic district. Above: The World Cyclocross Championship was held in Louisville in 2013, the first time the event ever was held outside of Europe. Left: Louisville’s iconic Brown Hotel recently underwent a renovation for its 90th birthday. 2014 MRGL 1-14.indd 7 4/30/14 4:07 PM PEOPLE & PLACES Marty Pearl photo Left: The Kentucky Science Center, previously known as the Louisville Museum of Natural History & Science and then Louisville Science Center, is Kentucky’s largest hands-on science museum. Above: The Kentucky Derby Museum is an American Thoroughbred horse racing museum located on the grounds of Churchill Downs. Below: Each year the Louisville MEGA Cavern is transformed into an underground holiday light spectacular for the Christmas season, called Lights Under Louisville. Marty Pearln photo Above: The Highlands neighborhood is an eclectic shopping, dining and entertainment district that includes primarily Bardstown Road. Right: